Zest Air Plans to Fly to Hong Kong, Singapore, Jakarta, Bangkok & Vietnam in 2011

By on May 25, 2011

Zest Air, of beverage magnate and banking magnate Alfredo Yao, is in the black after three years of operation and is investing up to P10 billion of its own funds to acquire new aircraft this year to service more international destinations in the Middle East and possibly, even Europe.

More domestic and international routes mean more revenues for the country’s newest airline. Hence, Zest Air is targeting to increase its revenues from P2.2 billion in 2010 to P6 billion this year as it expects to double its passengers, from 1.2 million to 3 million.

“We are planning to fly to Singapore, Hong Kong and Jakarta as well as Bangkok and Vietnam, hopefully within this year,” disclosed Yao, President and CEO. “We are also planning to serve the Middle East with a partner.” Hence, he is not ruling out the possibility of flying to Europe.

On top of its existing fleet of five A320s, one A319 and four MA60s, Zest Air is acquiring two B-777s for long haul flights to the Middle East later this year.

Also, the airline adding 2 airbuses to its fleet by July and 2 more before the year ends.

Recently, the airline added Cagayan De Oro, Zamboanga and General Santos to its local routes. As a result, Zest Air now flies to a total of 23 destinations.

It flies five times daily to Cebu, and thrice daily to Davo and twice daily to Bacolod, Iloilo, Tacloban, Tagbilaran, and Puerto Princesa.

Zest Air also has regular flights from Manila to Kalibo, Legazpi, Busuanga, Calbayog, Catarman, Kalibo, Masbate, Marinduque, San Fernando, La Union, and San Jose, Occidental Mindoro.

International flights take passengers to Incheon and Pusan in Korea and to Shanghai, China. Soon, the airline will fly to Taipei, the Republic of Palau, Singapore, Bahrain and Dammam.

The airline flies twice weekly from Kalibo to Pusan and twice weekly from Cebu to Incheon. Zest Air has been flying to and from Kalibo and Incheon since December 21, 2010 and twice weekly to and from Shanghai since January 24, 2011.

This year, the company is slated to inaugurate two new flights: the Beijing to Kalibo route starting June 26 and the Cebu to Shanghai route starting July 2.

Source: Manila Bulletin